Plan Ledger DOL Form 5500 · updated monthly

Interworks, Inc.401(k)

INTERWORKS, INC. 401(K) PLAN · STILLWATER, OK · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Interworks, Inc. reported $119,337 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,114 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 214th-largest of 724 plans among Oklahoma employers on file, and the 4,925th of 11,654 in professional & technical services. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,855,119
Participants with balances184
Active participants177
Employer contributions$728,253
Employee contributions$1,769,419
Employer contribution per active participant$4,114
Average account balance$129,647
Benefits paid to participants$2,095,347
Plan auditUnmodified (clean) audit opinion
AuditorSMITH CARNEY
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 184 accts · $728K emplr
2023$20.2M · 183 accts · $793K emplr
2022$15.1M · 183 accts · $669K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,238
Investment management$73,599
Audit (IQPA)$13,500
Total administrative$119,337
The Interworks, Inc. 401(k) match · 2024
Employer contribution per active participant$4,114
Median for plans this size$2,416
2024$4,114 per active participant
2023$4,266 per active participant
2022$3,694 per active participant

Interworks, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$73,599
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$32,237
SMITH CARNEY · Accounting / audit$13,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$119,337 · 0.54%
2023$82,672 · 0.47%
2022$85,443 · 0.55%
Same employer
Similar plansProfessional & Technical Services · Oklahoma
Clarion Events, Inc. OK$37.0M · 0.23%
Waterfield Technologies OK$33.8M · 0.32%
Cymstar, LLC OK$29.4M · 0.01%
North Bay Associates, LLC OK$23.2M · 0.11%
Spirit Human Resources, LLC OK$21.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731505418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.